{"id":"https://openalex.org/W2145850420","doi":null,"title":"Taxation and Business Decisions: An Analysis of the Level of Fixed Assets and Debt before and after the End of Indexation in Brazil","display_name":"Taxation and Business Decisions: An Analysis of the Level of Fixed Assets and Debt before and after the End of Indexation in Brazil","publication_year":2014,"publication_date":"2014-01-01","ids":{"openalex":"https://openalex.org/W2145850420","mag":"2145850420"},"language":"en","primary_location":{"id":"mag:2145850420","doi":null,"is_oa":false,"landing_page_url":"http://www.fucape.br/_public/producao_cientifica/2/10.5923.j.ijfa.20140301.02%20(1).pdf","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"International Journal of Finance and Accounting","raw_type":null},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5067865711","display_name":"Ant\u00f4nio Lopo Martinez","orcid":"https://orcid.org/0000-0001-9624-7646","observed_orcids":["https://orcid.org/0000-0001-9624-7646"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Ant\u00f4nio Lopo Martinez","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0001-9624-7646","affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5012715581","display_name":"Elifaz Pereira Anuncia\u00e7\u00e3o","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Elifaz Pereira Anuncia\u00e7\u00e3o","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5016437733","display_name":"Reinaldo Francisco Filho","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Reinaldo Francisco Filho","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.0,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"3","issue":"1","first_page":"6","last_page":"15"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11508","display_name":"Corporate Taxation and Avoidance","score":0.7465999722480774,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11508","display_name":"Corporate Taxation and Avoidance","score":0.7465999722480774,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.15230000019073486,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.014999999664723873,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/indexation","display_name":"indexation","score":0.6110000014305115},{"id":"https://openalex.org/keywords/real-plan","display_name":"Real Plan","score":0.7870000004768372},{"id":"https://openalex.org/keywords/corporate-taxation","display_name":"corporate taxation","score":0.5889999866485596},{"id":"https://openalex.org/keywords/fixed-assets","display_name":"fixed assets","score":0.6600000262260437},{"id":"https://openalex.org/keywords/corporate-debt","display_name":"corporate debt","score":0.8140000104904175},{"id":"https://openalex.org/keywords/capital-structure","display_name":"capital structure","score":0.6190000176429749},{"id":"https://openalex.org/keywords/inflation","display_name":"inflation","score":0.871999979019165},{"id":"https://openalex.org/keywords/brazilian-firms","display_name":"Brazilian companies","score":0.5149999856948853},{"id":"https://openalex.org/keywords/ibovespa","display_name":"Bovespa","score":0.5789999961853027}],"concepts":[{"id":"https://openalex.org/C30472729","wikidata":"https://www.wikidata.org/wiki/Q955421","display_name":"Fixed asset","level":3,"score":0.8356295824050903},{"id":"https://openalex.org/C186311912","wikidata":"https://www.wikidata.org/wiki/Q2038409","display_name":"Indexation","level":3,"score":0.7707510590553284},{"id":"https://openalex.org/C135665773","wikidata":"https://www.wikidata.org/wiki/Q2234049","display_name":"Debt ratio","level":3,"score":0.5470070838928223},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.5469005107879639},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.546816349029541},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5279314517974854},{"id":"https://openalex.org/C183206440","wikidata":"https://www.wikidata.org/wiki/Q46834","display_name":"Balance sheet","level":2,"score":0.48616740107536316},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.470975399017334},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.4627779424190521},{"id":"https://openalex.org/C185669311","wikidata":"https://www.wikidata.org/wiki/Q1163221","display_name":"Return on assets","level":3,"score":0.4544525444507599},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4180937707424164},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3907003700733185},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.31333398818969727},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3024965226650238},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.2263442873954773},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.0},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"mag:2145850420","doi":null,"is_oa":false,"landing_page_url":"http://www.fucape.br/_public/producao_cientifica/2/10.5923.j.ijfa.20140301.02%20(1).pdf","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"International Journal of Finance and Accounting","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":14,"referenced_works":["https://openalex.org/W591276988","https://openalex.org/W1518566786","https://openalex.org/W1535598729","https://openalex.org/W1551622374","https://openalex.org/W1887152678","https://openalex.org/W2068700237","https://openalex.org/W2095165525","https://openalex.org/W2114820394","https://openalex.org/W2117454283","https://openalex.org/W2124208589","https://openalex.org/W2153524047","https://openalex.org/W2170790204","https://openalex.org/W3121348973","https://openalex.org/W3123452386"],"related_works":["https://openalex.org/W7221804896","https://openalex.org/W3134816782","https://openalex.org/W2051688787","https://openalex.org/W4414042548","https://openalex.org/W3106451619","https://openalex.org/W4393992411","https://openalex.org/W6981353070","https://openalex.org/W7120343022","https://openalex.org/W2593949850","https://openalex.org/W4387741744"],"abstract_inverted_index":{"Based":[0],"on":[1,30,108,262],"the":[2,16,19,31,45,52,55,64,70,74,90,101,105,109,118,121,130,138,150,156,161,166,175,178,183,191,198,212,215,233,252,255,266],"assumption":[3],"that":[4,43,67,155],"taxation":[5],"affects":[6],"corporate":[7,263],"decisions,":[8],"this":[9,81,195],"study":[10],"was":[11,84],"carried":[12],"out":[13],"to":[14,96,103,114,125,190,223,250],"assess":[15],"behavior":[17,131],"of":[18,22,27,47,54,92,111,123,132,163,168,194,200,217,236,241,254,257,268],"relative":[20],"values":[21],"fixed":[23,112,133,169,201,269],"assets":[24,113,134,170,202,270],"and":[25,39,77,94,117,135,140,145,203,209,271],"debt":[26,124,136,158,204],"companies":[28],"listed":[29],"Sao":[32],"Paulo":[33],"Stock":[34],"Exchange":[35],"(Bovespa)":[36],"between":[37],"1991":[38],"2000.":[40],"A":[41],"period":[42],"straddles":[44],"extinction":[46,162,256],"indexation":[48],"in":[49,58,137,206,244],"Brazil":[50,245],"after":[51],"implementation":[53],"Real":[56],"Plan":[57],"June":[59],"1994,":[60],"which":[61],"finally":[62],"controlled":[63],"rampant":[65],"inflation":[66,243],"had":[68],"afflicted":[69],"Brazilian":[71],"economy":[72],"for":[73],"previous":[75],"decade":[76],"a":[78,247,258],"half.":[79],"For":[80],"purpose,":[82],"it":[83],"selected":[85],"175":[86],"firms,":[87],"restricted":[88],"by":[89,228],"availability":[91],"data,":[93],"applied":[95],"traditional":[97],"linear":[98],"regression":[99],"models:":[100],"first":[102],"analyze":[104],"impact":[106],"based":[107],"ratio":[110,122],"total":[115,126],"assets,":[116],"second":[119],"using":[120],"assets.":[127],"To":[128],"evaluate":[129],"1991-1995":[139],"1996-2000":[141],"periods,":[142],"respectively":[143],"with":[144,160,208],"without":[146,210],"indexation,":[147,164,211],"we":[148],"used":[149],"t-test.":[151],"The":[152,238],"results":[153,173,213],"indicate":[154,214],"firms'":[157],"increased":[159],"while":[165],"level":[167,199],"declined.":[171],"These":[172],"were":[174,180],"same":[176],"when":[177],"firms":[179],"divided":[181],"into":[182],"four":[184],"main":[185],"economic":[186],"sectors.":[187],"With":[188],"respect":[189],"key":[192],"issue":[193],"study,":[196],"whether":[197],"differs":[205],"periods":[207],"existence":[216],"significant":[218],"differences.":[219],"This":[220],"work":[221],"contributes":[222],"show":[224],"how":[225],"tax":[226,259],"rules,":[227],"impacting":[229],"accounting":[230,260],"information,":[231],"influence":[232],"operational":[234],"decisions":[235,264],"firms.":[237],"historical":[239],"context":[240],"high":[242],"offers":[246],"propitious":[248],"setting":[249],"document":[251],"effects":[253],"rule":[261],"regarding":[265],"levels":[267],"debt.":[272]},"counts_by_year":[],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2016-06-24T00:00:00"}